All articles by Vidhya Edwards Munnangi
Vidhya Edwards Munnangi
UK sanctions New Zealand insurer over Russian oil links
The sanctions include freezing company assets as well as disqualifying directors.
Marsh weighs divestment of Asian private client services unit
The insurer is working with an adviser to assess a potential sale as part of efforts to refine its global asset portfolio.
AI-driven insurtech company General Magic secures seed funding
The total funding of the company, which develops AI agents for insurance teams, now stands at $8.4m (C$11.49m).
F&G agrees to divest Bermuda life and annuity reinsurance unit
Once the deal is finalised, Bermuda-based reinsurer F&G Life Re will operate under the name Ancient Re.
UIB adopts CyberCube tools for cyber risk assessment
Under this agreement, UIB will utilise CyberCube’s Broking Manager and Prep Module.
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Marsh Risk scales up US digital infrastructure protection
The new Nimbus Casualty facility offers up to $75m in coverage capacity, with a minimum attachment point of $25m.
Swiss Re Corporate Solutions to buy QBE credit and surety unit
The purchase will add to Swiss Re Corporate Solutions’ primary credit and surety insurance business.
Santam approved to open reinsurance office in India’s GIFT City
Santam Re will provide capacity for the Indian operation across areas such as property, engineering, marine and liability.
Zurich Insurance reports net income growth
The Swiss insurer’s P&C arm recorded a BOP of more than $5bn for the first time, an increase of 22%.
SPG scales cargo and logistics power with Logistiq and Anova integration
This move consolidates the two companies’ services into a single platform aimed at supporting the cargo and logistics sector.